Quarterly Financial Information

12 Months Ended

Sep. 30, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (Unaudited)


	Quarter Ended
	December 31			March 31		June 30			September 30
2013
Net revenue	$	4,948,000		$	17,737,000	$	18,690,000		$	7,568,000
Production costs		4,531,000			13,411,000		13,720,000			6,278,000
Gross profit		417,000			4,326,000		4,970,000			1,290,000
Production engineering and development		448,000			454,000		420,000			391,000
Selling, general and administrative		1,959,000			1,984,000		1,867,000			902,000
Income (loss) from operations		(1,990,000	)		1,888,000		2,683,000			(3,000	)
Other income		179,000			1,822,000		679,000			1,075,000
Income (loss) before income tax expense		(1,811,000	)		3,710,000		3,362,000			1,072,000
Income tax expense (benefit)		(835,000	)		733,000		873,000			(1,163,000	)
Net income (loss)	$	(976,000	)	$	2,977,000	$	2,489,000		$	2,235,000

Net income (loss) – basic earnings (loss) per share	$	(0.10	)	$	0.31	$	0.26		$	0.24
Net income (loss) – diluted earnings (loss) per share	$	(0.10	)	$	0.31	$	0.26		$	0.24

2012
Net revenue	$	6,864,000		$	19,339,000	$	22,986,000		$	13,993,000
Production costs		6,141,000			15,273,000		17,237,000			12,501,000
Gross profit		723,000			4,066,000		5,749,000			1,492,000
Production engineering and development		539,000			556,000		670,000			575,000
Selling, general and administrative		1,797,000			2,523,000		2,678,000			2,299,000
Income (loss) from operations		(1,613,000	)		987,000		2,401,000			(1,382,000	)
Other income (expense)		2,813,000			3,184,000		(696,000	)		1,158,000
Income (loss) before income tax expense		1,200,000			4,171,000		1,705,000			(224,000	)
Income tax expense		325,000			1,405,000		513,000			137,000
Net income (loss)	$	875,000		$	2,766,000	$	1,192,000		$	(361,000	)

Net income (loss) – basic earnings (loss) per share	$	0.09		$	0.29	$	0.13		$	(0.04	)
Net income (loss) – diluted earnings (loss) per share	$	0.09		$	0.29	$	0.13		$	(0.04	)

The net income (loss) per share on a year-to-date calculation may not equal the total of the quarterly calculations due to rounding.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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